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rationality to treat a small business person who makes $250,000 a year and employs ten people just like steve jobs, warren buffett and-- >> and we quibble? >> let me finish. we can quibble about what the right amount is, whether it's $250,000 or whether it's 500,000, what the president is trying to do. >> and for a while, charles, help me with this part of it. whatever your views on taxes, and i think it's happening and ben stein's earlier point, it's there. and deeply disturbing, where is it, not only there's a lack of result to slowing what is the growth to spend because there's no cutting going on. but we're going to-- and that's what we're going to do and this is the effort and the measure you use toinally get serious. this is not serious. >> warren buffett laid it out on monday in that new york times op-ed and he said in an ideal world, we would still have deficit spending ery single year and the president laid it out more than once and in an ideal world, we're still-- we're not talking about cutting debt. we're talking about increasin it at a slower rate and then later on, the idea of 5
rationality to treat a small business person who makes $250,000 a year and employs ten people just like steve jobs, warren buffett and-- >> and we quibble? >> let me finish. we can quibble about what the right amount is, whether it's $250,000 or whether it's 500,000, what the president is trying to do. >> and for a while, charles, help me with this part of it. whatever your views on taxes, and i think it's happening and ben stein's earlier point, it's there. and deeply...
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steve, i want to get back to you here. the democrats say, wait a second, wait a second, you raise taxes on the rich just like the clinton did back in 1992 and you end up with a bill. you have a solid expansion. what do you make up with that argument? >> i hope they do not believe that argument. look, maybe barack obama is right. maybe if you raise these taxes, it will not hurt the economy. [talking over each other] stuart: bill clinton raised taxes and the economy took off. >> there are a lot of things that influence the economy. not just taxes. there are other things. there is no monetary policy, which was great under bill clinton. do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know s
steve, i want to get back to you here. the democrats say, wait a second, wait a second, you raise taxes on the rich just like the clinton did back in 1992 and you end up with a bill. you have a solid expansion. what do you make up with that argument? >> i hope they do not believe that argument. look, maybe barack obama is right. maybe if you raise these taxes, it will not hurt the economy. [talking over each other] stuart: bill clinton raised taxes and the economy took off. >> there...
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tim cook is no longer in the glow of the steve jobs era. again, that was a major -- charles: he still would have had enough credit among wall street. every apple's earnings report was not great. it was a component issue. they did not have enough supply. they never put the blame on steve jobs. he has that credibility among wall street. the first time at bat, he struck out. you know what people are saying. connell: it has been such a great performer as a stock for so long. how do you personally look at it? charles: i have it in my retirement account. i would not add it to my stocks quite yet. almost everybody that uses any sort of real fundamental analysis will say, this is a cheap struck. forget about the share price. this literally should be a $1000 stock. maybe this will ultimately split the stock. i think companies are more focused on products and execution than stock price right now. i will not add to my position until i see some sort of numbers that suggest they will turn it around. connell: we will talk more about apple coming up. dage
tim cook is no longer in the glow of the steve jobs era. again, that was a major -- charles: he still would have had enough credit among wall street. every apple's earnings report was not great. it was a component issue. they did not have enough supply. they never put the blame on steve jobs. he has that credibility among wall street. the first time at bat, he struck out. you know what people are saying. connell: it has been such a great performer as a stock for so long. how do you personally...
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Dec 10, 2012
12/12
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connell: all right, steve, it is very good to see you. dagen: a new report by the u.s. intelligence reveals china will have the world's largest economy by 2030. the councils global trend report takes into account factors such as localization and the environment. europe, japan and russia are also expected to continue to decline. connell: a matter of time, as they say. this fox business exclusive, we will talk about the war on business. it was a record year for anti-trust funds. dagen: the sanctions against iran. if this policy will change anything over there. the state of the economy and why it matters to you and this, the cost of crude oil. take a look at it. more than $86 a barrel. stubbornly high. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life side down. >> hi. >> hi. you know, i can save you % today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they caopen bogus accounts, stealing your credit, your money and ruining your reputation. that's w
connell: all right, steve, it is very good to see you. dagen: a new report by the u.s. intelligence reveals china will have the world's largest economy by 2030. the councils global trend report takes into account factors such as localization and the environment. europe, japan and russia are also expected to continue to decline. connell: a matter of time, as they say. this fox business exclusive, we will talk about the war on business. it was a record year for anti-trust funds. dagen: the...
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dennis: thank you, steve. tracy: need a miscall cliff survival kit? well, next guest says with a time to pull back on u.s.the stocks. the trust children -- chairman joining us now. drew, go out of the u.s. and go overseas like europe? >> stay diversified; right? across the port foal low, and we've been long, dividend paying stocks for sometime, and that's the place to be, but we've enjoyed nice returns on not just the developed market stocks, but e emerging markets. we'll begin to move the balance more overseas because we like the evaluations, and the growth rates are far superior. that will help the portfolio if there's a problem with congressional decision making, which wouldn't be a shocker at this point. tracy: not to anyone. what are we considering emerging these days? what countries, in particular, are you looking at? >> well, it's always going to be the brick, you know, the emerging market there, and it's interesting to note also the shanghai index reached another four year low the other day. there's concern in china about the slope of the grow
dennis: thank you, steve. tracy: need a miscall cliff survival kit? well, next guest says with a time to pull back on u.s.the stocks. the trust children -- chairman joining us now. drew, go out of the u.s. and go overseas like europe? >> stay diversified; right? across the port foal low, and we've been long, dividend paying stocks for sometime, and that's the place to be, but we've enjoyed nice returns on not just the developed market stocks, but e emerging markets. we'll begin to move...
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talk about it after the opening bell next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, , ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local music is a universal langue. but when i was in an accident. i was worried the health care system spoke a language all i own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. d tools to estimate what my care may cost. so i
talk about it after the opening bell next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td...
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Dec 6, 2012
12/12
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CURRENT
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. >> cenk: steve jobs is the biggest generousbiggest genius in america. >> marijuana on unlike alcohol, is not addictive. people who smoke pot want to smoke pot. they don't have to smoke pot. they just want to smoke pot. there are a continue of people all over the world in amsterdam for instance, it's illegal there, but every citizen in amsterdam does not smoke pot. it's a small percentage who smoke pot legally. >> cenk: we're out of time. on the issue of impairment, barack obama, bill clinton steve jobs none of them seem long-term impaired. on the other hand, sandra, to your point, george w. bush. it was a great conversation. sandra solin and tommy chong. thank you so much. >> i brought a present. >> cenk: theseyou did? >> these are called not a pipe. >> cenk: what do they do? >> you're not supposed to take them off. and you're not supposed to take them out of the string. >> cenk: which you just did. >> and you're not supposed to put the substance in this end. and you're not supposed to light it. >> cenk: then i will not do that after you give it to me. >> it's not a pipe. >> cenk: al
. >> cenk: steve jobs is the biggest generousbiggest genius in america. >> marijuana on unlike alcohol, is not addictive. people who smoke pot want to smoke pot. they don't have to smoke pot. they just want to smoke pot. there are a continue of people all over the world in amsterdam for instance, it's illegal there, but every citizen in amsterdam does not smoke pot. it's a small percentage who smoke pot legally. >> cenk: we're out of time. on the issue of impairment, barack...
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Dec 6, 2012
12/12
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steve pieters: dr. levine offered me the opportunity to be patient number one on the very first drug they ever tried against h.i.v., and i was treated with that drug for a total of 39 weeks. well, within six weeks, all of my kaposi's sarcoma lesions had disappeared. and the lymphoma had gone into complete remission. of the 90 patients who received the drug, steve pieters was the only one to experience positive results, along with some unpleasant side effects. it was an extraordinarily toxic drug, and it blew out my adrenal glands. it caused major neuromuscular damage, wasting, peripheral neuropathy. it took me about a year to recover from the side effects of the drug. the other patients have all since died from the progression of aids. it was within the next year the drug azt was introduced. and it was a good drug. it still is. the problem, though, is that if we use one drug to treat the h.i.v. virus, it will absolutely learn how to live with that drug. it becomes resistant to the virus. in a biologic s
steve pieters: dr. levine offered me the opportunity to be patient number one on the very first drug they ever tried against h.i.v., and i was treated with that drug for a total of 39 weeks. well, within six weeks, all of my kaposi's sarcoma lesions had disappeared. and the lymphoma had gone into complete remission. of the 90 patients who received the drug, steve pieters was the only one to experience positive results, along with some unpleasant side effects. it was an extraordinarily toxic...
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Dec 3, 2012
12/12
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thanks for joining us, steve. first of all, what about the scenario that oh let's just let them go over the cliff and won't matter and the markets will view it as a nonevent. what do you think some. >> certainly going to matter. there's no question it's going to matter. it's going to matter to the markets. we don't know how much. this is an unprecedented situation, at least in my lifetime. we've had crises and debt ceilings and all that, but going over a cliff like this is a new one. the markets would be volatile, extremely -- a lot of downward pressure on them. and then the question would be how do businesses and consumers behave and quickly do they pull back? everyone knows the immediate impact from the government coming back and spending wouldn't be that great. the question then is how do businesses and consumers react? i don't think it will be a pretty sight. >> what about the debt ceiling? there was a suggestion? geithner's opening bid that they do a permanent fix and give the president the operative control
thanks for joining us, steve. first of all, what about the scenario that oh let's just let them go over the cliff and won't matter and the markets will view it as a nonevent. what do you think some. >> certainly going to matter. there's no question it's going to matter. it's going to matter to the markets. we don't know how much. this is an unprecedented situation, at least in my lifetime. we've had crises and debt ceilings and all that, but going over a cliff like this is a new one. the...